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Cov…. I’m down, still have faith, still buying but down … I stand to lose a tidy sum but still think the upside outweighs the risk…..
It seems I’m the only person down on this one, everyone else says it’s getting pretty close to their average. Silly me.
Agreed Roxi , Scott should be fine. The current board seems fairly as one ( on the surface of things ) wonder if the Canadians will throw their support behind Nick. Asked Warren his view on this and he declined to answer. I have voted in support of the whole board BTW
Scott will retain his position, imo , he will still be around to conduct further site visits
DBW, yep. This fact seems to elude some of our bears.
Add ….. Nick, Bob & WI all think Scott is doing a good job.
These guys stand to lose way more than all of us put together so if they’re happy to put their faith and their millions behind him so am I .
Eloro, rather SC than DC. If he'd still been at the helm I rather suspect you'd be shouting even louder. All his production nonsense was total balls.
At the time of the merger, BHP&NC held large positions and we know that the voted against Scott. Hence, I am curious how we ended up with the Cornerstone crew running the show? I don't recall being asked to vote.
Fort, the interesting thing is you make all sorts of accusations about how inept SC is without actually knowing what's going on.
We have no idea of what's emerging from the SR, nor do we know where we stand with the IPA. In an ideal world we'd have been given an update, but as far as the SR is concerned, we are bound by confidentiality agreements and market regulations.
Yes, we'd all have wished for a quicker solution, but the delay is, to my mind, understandable. SC inherited a total mess and he's having to sort it out.
If, by the end of Q1 we haven't had evidence of some progress, I'll probably join you. But. as it stands, I'm prepared to support Caldwell as he attempts to deliver on his promises.
Fort the problem isn’t the current management team, the problems go back years and they take time to put right. In retrospect getting the likes of BHP and NCM on board was probably a mistake. Much as they can add credibility they can also act as a deterrent to others, now they’ve been diluted maybe not so much. As you say the asset is phenomenal and value will out here in the end.
Eish, if I filter 62 posters, I would be posting to myself. In that case it would be pointless posting here.
To make matters worse, he posts exactly the same posts on the other BB. I don't feel the need to filter Lord Braggart or anyone else. His posts have started to make me feel sorry for him because flooding the BBs appear to be his way of coping with boredom in his senior years.
SOLGOLD are not a dud. The assets are world class. The problem is they are in the hands of an inept management team. It's not unexpected as these guys are not Tier1 asset calibre professionals. They are minnows. They basically know zilch about how to manage a Tier1 asset.
Current slump speed on sp is roughy 1.5p per month. So no news until feb or March means around 4p a share is the predicted level of £120m market cap. At this point, the auditors will be asking Scott (if he's still around) whether the business has 6 months cash left to meet all requirements. The auditors cannot sign off the accounts unless Scott can deliver a solid answer. And as well know, right now he has no answers.
The only news expected in Q1 is a watered own PFS which lets face it, it's not exactly going to blow the doors off... but it might move the IRR up a notch. But that's minor stuff and not going to move sp much at all.
The market has no interest in a company that apparently is an explorer but is not exploring and does not have any cash to explore as well as a company that is not a developer but has a Tier1 world class asset that it is trying to water down.
Based on what I have seen so far, I wish we'd just left the CGP guys to rot with their 15% ENSA that they couldn't sell or finance. They've had a free ride on the £200m spent thus far on ENSA yet for some reason are back where they began holding more stock. It's a joke on shareholders. A seriously poor one at that.
Trouble is Eish it’s endless! Red always talking his book.
Not much to discuss until more events/news
That’s what Solgold is worth and nobody is interested. There must have been some serious examination by various big players and none have stepped in. Having bought cheap and then topped up at many seemingly “too good to miss” points the share price is heading towards my average, something I would never thought possible even at 20p. But though I hope I’m wrong, I’m beginning to think.
SOLGOLD IS A DUD!!!!!
Eloro, sorry to disagree with you. This is a board for ALL to voice their views. If you don't like what the man (with some considerable experience, I may add!) has to say, then FILTER HIM! Many posts I do not like or enjoy, but don't filter. My belief is all need to vent their views! No harm to anybody, just some correction by others occasionally, LOL!
Lord Braggart (RK) has been flooding the BB with his scenarios. It has occurred to me that the one scenario which he hasn't covered is the one where he examine whether at the age of 73+ he will still be here to witness solg being sold?
At any one time there aren't 62 people on this BB. Hence, he is clearly posting to himself. I think his mental faculties must be suspect for him, as a senior person who should be in the park feeding the birds, decides to spend his twilight years here spewing meaningless nonsense.
If Scott survives the AGM what will he deliver first in the new year, a capital raise or his new highly touted PFS? I'll say one thing with a high degree of confidence, there is zero chance of him producing a PFS in Q1 CY 2024.
Ship, not sure if you need lubricant or a cream for that! 😊
We can have an entire conversation and they won't see a thing
When ?if it arrives will be the one which will win in the end, imo, China has a huge demand for Copper and Gold, it won't want to buy it through another major if it can buy it now at pre-production prices,
the other Majors will see the presence. of the Chinese in the DATA room as a huge threat to their bid plans, i could see at one time BHP and Newcrest carving this up between them, but not now the Chinese have shown interest.
Jiangxi Copper Company might just have 6% at the moment but im confident they will own more than BHP and Newcrest in the near future,
Do we know how many site visits they have done so far this year??
Who does red ramp think he’s actually addressing with his essays, he has everyone filtered.
Hi Paddy, i would check your Hargreaves Lansdown account is legit, you may have been scammed ?
Whether you're worried, tired, impatient, frustrated, angry, hopeful, optimistic, positive or whatever...
THE CURRENT SP MASSIVELY UNDERVALUES SOLGOLD!!!!!!
Its absolute rubbish paddy...
Its a UK QUOTED company!
I got the link from II andf voted weeks ago...
Paddy, that's nonsense. I'm with HL and voted without a problem. In any event, it's a London listed firm.